₦airaland Forum

Ding

mails4funshi:
Pa Emma from his response cares about volume of shares (for the type he invests in) and not the price. Do not forget he bought very cheap and can afford to dilute at any price he finds good enough (My learning).

The owner of the Presco had answered. You can at least check the post before mine. The man said he missed the opportunity of increasing his holding to 120,000 units. That was as a result of fallout of the selling of the 16,000 units. I don't know why this is so difficult to understand. I rest my case.

You just confirmed my thoughts exactly.

Rest your case well and learn to mind your business (Grow up).

It is still my learning.

jonnysessy:
The owner of the Presco had answered. You can at least check the post before mine. The man said he missed the opportunity of increasing his holding to 120,000 units. That was as a result of fallout of the selling of the 16,000 units. I don't know why this is so difficult to understand. I rest my case.

jonnysessy:
I beg to disagree. Once you sold any stock, it is gone. If you are entering again it is different. Either you enter at a lower price or higher price. Meanwhile, the 16k earlier sold reduce his RI. His right ought to have been more were it not sold.

Agreed…

Please permit me to draw attention to a fact not often considered. Let me illustrate with some figures infused in a narrative to drive home a point however ending in a question. Imagine 2 individuals who within a space of a year invested the sum of N3 million (charges excluded) into a stock ABC. The first of the two K by name bought 1 million units a year before M and paid the relevant charges. M bought a year after from K at N12 also spending N3 million for fewer shares.
K walked away with about N12 million ( a little less charges factored in) and reinvested in another company XYZ. At what price of ABC, would M, achieve the same return on investment as K?

It’s buy and sell that make the market go round. The price journey of any company is tougher the higher you go. Sometimes is better not to have K become M. Walk away. There are many fish in the sea, many stocks that are likely to replicate that wonderful appreciation if bought at the right time and price. Just try to buy enough volume at the beginning and if you are right, price appreciation, bonus and dividends will smile on you.

This can be applied to any stock be it penny or mega blue chip even RIs.

HesInMe:
So tell us na: How does Ellah intend to create value from an asset they buy at a premium?

And who told you it's at a premium

Locotrader:
Japaulgold has proved that it is going to run a stand alone bull.
Whether ASI is up or down, Japaulgold is the hottest stock of the season.

Technicals says so.It is not a fake rally.The rally is organic boosted by the institutional traders who are still accumulating.

We expected this long time ago but has been knocking out.

Expect price close to 52wks high or even above.

52 wks high was last attained at 3.60+

Note.In October,there was a block trade of 436m units traded in a single trade at 2.50

It's game over this time

Loco the aggressive salesman...
I beg tell jegede to release some superb news to impact price

HesInMe:
I like you. You think you're smart. Lol.

I did not say one cannot create value via acquisition. I just noted that it is an important but unanswered question in Ellah's specific case, which has three characteristics that don't augur well for success.

First, history is not on their side. The proposed acquisition is gargantuan relative to the size of Ellah's existing business. Even at well managed firms, large acquisitions typically fail. Ellah is run by a banker with no agric expertise.

Second, Ellah is paying a high price for its main target: ARPN's oil palm plantation, which it values at N155bn. Publicly traded Presco and Okomu offer better comps than land in the bush for estimating the true market value of the plantation, measured on a price per planted hectare basis (adjusted for some yield metric, like average age). I'm confident you can do the math yourself.

Finally, the combination does not enjoy any significant synergies. Ellah has no existing business of note to offer significant cost savings or revenue enhancements when combined with ARPN. It is such synergies that make value creation possible -- with prayer and pouring libations -- when you pay a premium for an asset.

Honestly, the better way to see this deal is as a liquidity event for ARPN's owners, not value creation for Ellah's.

Check Ellah's board and management. Not only about CEO

ositadima1:
Your first point also doesn’t logically support your conclusion. The CEO not being an agriculture professional is not a disqualifying factor for running an agricultural company, that is simply not how corporate execution works. The more relevant questions would be whether Ellah has operational depth, whether it has the execution capacity to integrate a much larger entity, and whether it has the political and local-stakeholder leverage required in the plantation business. Those are the real issues, not the CEO’s academic background

Discounting the academic qualification part of ur post.The ceo has failed in what he had from 2019 to 2025 based on the agric business. Therefore he has no chance in doing well in a bigger agric business. A person with passion for that sector would have done well in the business even without palm fruits on it. I mean only land bank unless nigeria happens to him in the business like insecurity, government induced economic woes etc.
The results he has presented for the past 5 yrs is a total failure.
Then on another note.Who really did the valuation on the assets he wants to buy .Why do the owners want to sell such assets now that assets wants to become gold mine after all this yrs of thr labour.This is based on the claim by kpakus ceo that this new assets has majority in the fruiting stage.Did u equally notice the valuation for the cassava mill alone worths more than existing ellahlakes abi my eyes dey pain me.
Who are the owners of this assets as I don't trust kpakus ceo.You remember telluria farm marger with ellahlakes. He had personal stake then at telluria farm which created 1.8 billion OS for him and any partner

emmanuelewumi:
Did you buy Ellah Lakes public offer or do you have plans to buyer it before it closes next week.

I regret sell 16,000 units of my Presco share about 5 months ago to invest in FGN bond.

But I made sure I bought the last right valued at almost N23million, because I have confidence in the company.

My 3 million units bought at about 3.50 don do. Let me hodl till long term. Target is to get to a point that dividend will be around cost price or more

JAPAULGOLD is now trending on StockBubbles after securing a 3-day gain streak... steady momentum building quietly in the background.
Let’s see how long this run continues.

...now 8.7%
christmas goat loading?

handsomebolanle:
😂😂. I’ve listened to him many times. He says basically the same thing- I guess it’s keeping the story straight.

Anyways I’m waiting for 6-7naira so I can pick up my Public offer.
This will be my last comment on Ellah for the moment.

You still dey dream?

Ejooor
Japaulgold @ full bid
E dey work oooo
Technicals no dey lie.


One disgraced Nsempa member said Japaul no go do 2.50.
He go see 3.50 soon

The total size of Presco's plantation is 69,000 hectares with 50,000 hectares already planted

Streetinvestor2:
JP take two hand hold peteru and gang for neck.It wants them to vomit back the money from MH..lol .This Christmas no go sweet for thr side.Then again it is what a failed government and disgraced economy can cause..lol

JAPAULGOLD on FULL BID @#2.53k
WHAT ELSE do you have to SAY

SonofElElyonRet:
My 3 million units bought at about 3.50 don do. Let me hodl till long term. Target is to get to a point that dividend will be around cost price or more

The future is bright you should buy more.

It appears insiders don't care, if they are overthrown.

Read about how Tony Elumelu and his goons became the core investor of Crystal Bank and renamed it Standard Trust Bank which later merged with UBA. It was a fund raising exercise, and the number of shares for sale was far more than the outstanding shares of the Crystal Bank at that time

Current outstanding shares is over 3 billion, you are now trying to offer another 18 billion shares.

What if others and their proxies buy up the 18 billion shares, become the new majority shareholders and then sack Chuka and his goons from the company.


That is why I believe a right offer would have been better based on the type of dilution the public offer might cause

Japaulgold
Now you will see heavy crossdeals at the highest bid price and the game continues.

Heavy buyers
Heavy volumes
Na today break out started.

If you no get am you no get am.Bye bye

Are you the secret CEO of this JAPAUL?

Locotrader:
Japaulgold
Now you will see heavy crossdeals at the highest bid price and the game continues.

Heavy buyers
Heavy volumes
Na today break out started.

If you no get am you no get am.Bye bye

Streetinvestor2:
Discounting the academic qualification part of ur post.The ceo has failed in what he had from 2019 to 2025 based on the agric business. Therefore he has no chance in doing well in a bigger agric business. A person with passion for that sector would have done well in the business even without palm fruits on it. I mean only land bank unless nigeria happens to him in the business like insecurity, government induced economic woes etc.
The results he has presented for the past 5 yrs is a total failure.
Then on another note.Who really did the valuation on the assets he wants to buy .Why do the owners want to sell such assets now that assets wants to become gold mine after all this yrs of thr labour.This is based on the claim by kpakus ceo that this new assets has majority in the fruiting stage.Did u equally notice the valuation for the cassava mill alone worths more than existing ellahlakes abi my eyes dey pain me.
Who are the owners of this assets as I don't trust kpakus ceo.You remember telluria farm marger with ellahlakes. He had personal stake then at telluria farm which created 1.8 billion OS for him and any partner

Remember, you quoted me first on this matter. So what exactly is your basis for predicting failure? You’re just typing without presenting any evidence. Can you start a palm plantation business and reap meaningful results in four years? Where was Ellah Lakes before he came in, and where is it now by comparison? Is land banking even Ellah Lakes’ primary business model?

Since he took over, I can point to several concrete actions:

He shut down the old fish business entirely.
He massively expanded the company’s land holdings.
He refocused operations on oil palm and cassava.
He is raising billions in new funding through recapitalization and a rights issue.

These are facts. So again, what is the basis of your claim of inevitable failure?

PETERiCHY:
JAPAULGOLD on FULL BID @#2.53k
WHAT ELSE do you have to SAY

Make old men no dey lie to prove no point. My post dey here u can bring it out as I no get the time now.I said JP will not see #3.00 by yr end in an old post and in that one.I said based on watin dey happen e fit no even see #2.50.My main post is #3.00
I know Tinubu has shared enough hunger in the country. And u and ur gang really needs money for Christmas bills and chop money.
I no dey come here for monkey business
Full bid means nothing. Jp na confirmed Andrew liver salt.All that money ur gang member has made in M business he will vomit in this one.I know how desperate una dey to sell before yr end..lol.This one don hook throat lol

Hello boss. Do you have any concreate info on this asset/company Ellah wants to acquire? I have searched everywhere, not even a website was I able to find in their name.

emmanuelewumi:
The total size of Presco's plantation is 69,000 hectares with 50,000 hectares already planted

JAPAULGOLD is cooling off in the last hour, down -3.16% after a strong early push. Still holding a +6.52% gain on the day. Watching to see if buyers return.

GeeKudi:
Hello boss. Do you have any concreate info on this asset/company Ellah wants to acquire? I have searched everywhere, not even a website was I able to find in their name.

I know it is owned by Tolaram, an Indian holding company with interests in various sectors of the Nigerian economy.


Indians are smart business people, the asset is probably overpriced or they are not getting the desired value and return from the asset based on the fact the asset is not in their area of core competence

ositadima1:
Remember, you quoted me first on this matter. So what exactly is your basis for predicting failure? You’re just typing without presenting any evidence. Can you start a palm plantation business and reap meaningful results in four years? Where was Ellah Lakes before he came in, and where is it now by comparison? Is land banking even Ellah Lakes’ primary business model?

Since he took over, I can point to several concrete actions:

He shut down the old fish business entirely.
He massively expanded the company’s land holdings.
He refocused operations on oil palm and cassava.
He is raising billions in new funding through recapitalization and a rights issue.

These are facts. So again, what is the basis of your claim of inevitable failure?

If u have issue me quoting u.I apologise. The Ellahlakes was not really into palm business. Telluria was already an existing palm farm.You can do ur finding on Telluria farm.The results of 5 yrs with no revenue in an agriculture business I know is false. Food crops are annual crops And with that kind land banks in 3 states.it was suppose to be a kill unless nigeria happens to the farm.What other evidence do u need when it was in quater results for previous yrs and thr full yr result. Infact the last full yr result is a big disgrace for such company. Can u say for fact that palm oil is already coming out from the mill.Is oil mill too a rocket science
Sorry say I quote u.i no do again

Japaulgold

Big buyers are yet to enter market today.
Just the small retails pushing prices.
When the big buyers come at their bergain price today,the full bid will become stronger and push to the next day.

No volume yet.
Volume buyer is coming

emmanuelewumi:
I know it is owned by Tolaram, an Indian holding company with interests in various sectors of the Nigerian economy.


Indians are smart business people, the asset is probably overpriced or they are not getting the desired value and return from the asset based on the fact the asset is not in their area of core competence

LOL. This is what we call talking with bias. Everything Ellah does suddenly has a negative cloud around it, yet the one being acquired by Presco is conveniently seen as perfectly fine, right?

toyeoye:
JAPAULGOLD is cooling off in the last hour, down -3.16% after a strong early push. Still holding a +6.52% gain on the day. Watching to see if buyers return.

Just hold on.
When you see a heavy volume at 2.25-2.30,you will know it's no more child's play.
The retail traders will go in the front to push the price further

toyeoye:
JAPAULGOLD is cooling off in the last hour, down -3.16% after a strong early push. Still holding a +6.52% gain on the day. Watching to see if buyers return.

You sure the monkey hunter gang never begin off load...lol
Instead ur cow go run away. If na tail u see ,you cut hold for hand

emmanuelewumi:
I know it is owned by Tolaram, an Indian holding company with interests in various sectors of the Nigerian economy.


Indians are smart business people, the asset is probably overpriced or they are not getting the desired value and return from the asset based on the fact the asset is not in their area of core competence

Na wa. So you think the whole of Ellah management and board are blockheads

emmanuelewumi:
The future is bright you should buy more.

It appears insiders don't care, if they are overthrown.

Read about how Tony Elumelu and his goons became the core investor of Crystal Bank and renamed it Standard Trust Bank which later merged with UBA. It was a fund raising exercise, and the number of shares for sale was far more than the outstanding shares of the Crystal Bank at that time

Current outstanding shares is over 3 billion, you are now trying to offer another 18 billion shares.

What if others and their proxies buy up the 18 billion shares, become the new majority shareholders and then sack Chuka and his goons from the company.


That is why I believe a right offer would have been better based on the type of dilution the public offer might cause

No spare funds for now. Also e dey do me one kind to pay N12+ when I bought my current holding at N3.50.. Chuka is crafty.. I think we can all agree on this. Won't sit down and allow someone take him over.. elumelu too escaped an otedola takeover of transcorp if I'm not mistaken

ositadima1:
LOL. This is what we call talking with bias. Everything Ellah does suddenly has a negative cloud around it, yet the one being acquired by Presco is conveniently seen as perfectly fine, right?

This is not the first acquisition by Ellah Lakes, what is the value created and profit made from the previous acquisitions.

If you overpay, it will affect your return.

The acquisition made by Presco and the efficiency of the company will grow Earning Per Share from N72 in 2024 to about N150 in 2025 they have already made N111 in Q3.

Investors need people who deliver, say and do.


Below is the timetable of the right offer, they came to the market a week after Ellah Lakes, but Ellah Lakes that came earlier had to extend the offer by another 2 weeks.

So we should ask ourselves where are the so called investors who have been on standby to invest in the offer.

I love management who says it as it is and not those who sugar coat things

The huge buyer will send the stock on fire this afternoon.
Hold your stock for 100%

No volume to show dumping.
Only the small traders taking kobo kobo profit.
They will even regret what they did when they finally see a full bid that will cross to the next day.